318 E Main Street, Lamoni, Iowa 50140

IA, Lamoni
$1,200,000
  • 1 Acre
  • Commercial Sale Property Type
  • 1978 Year Built
  • Active Status
Property Description
20 UNITS WITH ALL ONE BEDROOM WITH LAUNDROMAT ALL REMODELED AND IN EXCELLENT CONDITION. FULL COMMERCIAL LAUNDRY . 6 WASHING MACHINES AND 8 DRYERS. ALSO INCLUDES OFFICE AND OFFICE ELEVATOR. LISTING BROKER IS OWNER OF PROPERTY. PRICED AT SUBSTANTIAL REDUCTION BUT PRICE IS FIRM.AT 35K A DOOR PLUS LAU LAMONI IOWA IS HOME TO GRACELAND COLLEGE. NO OWNER FINNANCING AND MUST HAVE PROOF OF FUNDS AND PREAPPROVAL LETTER WHEN SUBMITTING AN OFFER. Owner may consider selling with 400k down and the 300k owner financed at 7 percent only 3 year balloon. Owner must approve AND PRICE SUPER FIRM.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6311422
  • Price: $1,200,000
  • Year Built: 1978
  • Lot Area: 1 Acre
  • Status: Active
  • Office Name: Power House Exclusive Real Estate Inc.
Features
  • Heating System Ductless Mini-Split
  • Parking Unassigned,Common
  • Architectural Style Apartment
  • Sewer City Sewer/Connected
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
Address Map
  • Country US
  • State IA
  • County Decatur
  • City Lamoni
  • Zipcode 50140
  • Street: Main
  • Street Number: 318
  • Street Suffix: Street
  • Longitude: W94° 4' 11.9''
  • Latitude: N40° 37' 26.3''
  • Directions: Main Street Apartments LLC OFF EAST MAIN STREET
  • Street Dir Prefix: E
  • Zoning: Business/Commercial
Additional Information
  • Accessibility Features: Other
  • Construction Materials: Brick/Stone
  • Current Use: Commercial,Office,Laundromat
  • Lot Size Dimensions: ONE HALF ACRE FOR 20 UNITS WHUCH INCLUDE ELEVATOR PLUS EMPTY LOT ONE HALF ACRE
  • Number Of Units Total: 21
  • Possible Use: Diversified,Income,Other
  • Previous Price: 700000
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 8192
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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